BMW to Invest $748 Million in Electric Mini Production in UK
September 11 2023 - 6:29AM
Dow Jones News
By David Sachs
BMW Group said Monday that it will spend more than 600 million
pounds ($748 million) to produce two fully electric Mini models at
its U.K. plants in Oxford and Swindon.
The German car company said it will convert its Mini plant in
Oxford to an all-electric site by 2030 as part of the investment.
Production on two fully electric models, the Mini Cooper and the
Mini Aceman, will start in 2026, BMW said.
The U.K. Department of Business and Trade said the investment
will secure 4,000 jobs.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
September 11, 2023 06:14 ET (10:14 GMT)
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